welcome. it can be profitable but do your due diligence. network with people that are doing it and try to see if can find mentor.

But it will go back to calling when the fad dies down and people are getting fewer calls and it will become profitable again.AI texts are still pretty easy to ignore.

Its a good thing they profited, because projects can go south sometimes and then that really hurts.  

I’m about to tell you about a deal that could have easily fallen apart, but instead turned into a $200k profit after a lengthy eviction process.

I think late 2023 was supposed to be the first year we saw profit. 

That’s why improving your Click-Through Rate (CTR) is one critical metric to focus on to boost your Airbnb profit and visibility.The key to improving your CTR?

And even if I do not get into the renting business I can make some profit if I decide to sell the property at some point.

.🔹 Profit Multiple Ways – You can rent the property for cash flow, sell the option at a profit, or buy it later at a pre-agreed price (often below market value).🔹 Great for Sellers & Investors – Motivated sellers can turn a vacant or hard-to-sell property into income while investors secure future deals without a huge upfront commitment.🔹 Ideal in Any Market – Whether home prices are rising or falling, lease options allow you to lock in today’s price while benefiting from future appreciation.Other creative strategies—like seller financing, subject-to deals, and the BRRRR method—can also open doors, but lease options remain one of the most powerful, low-risk, minimal cash out-of-pocket ways to build a portfolio.

They are currently on the IRS radar due to widespread abuse:https://www.irs.gov/charities-non-profits/conservation-easem...

After some research online, I am reading that the cost per square foot on a gut renovation of this nature in Stamford CT is anywhere from $150-$350, which is ultimately not very helpful, because at $150 per sq ft, this is a very appealing project with a total profit of ~$175K (46% ROI) and at $350 per sq ft, it very much isn't, because it would be a net loss of 83K (haha).QUESTIONS:What can I do refine my estimate a bit given that I am not allowed to a formal inspection on the property?